U.S. President Donald Trump takes part in the inaugural presidential debate against Democratic presidential candidate Joe Biden, at the Health Education Campus (Case Western Reserve University) on September 29, 2020 in Cleveland. Win McNamee – Getty Images| Getty Images SPAC, a publicly traded company that plans to merge into Trump’s old social media firm, stated […]
Photographed from Greenwich Park in London, January 17, 2017, are the banks’ financial offices in Canary Wharf. Ben Stansall | AFP | Getty Images Five banks were fined by the European Commission for their participation in illegal foreign currency trading cartels. The total fines for UBS, Barclays and RBS as well as HSBC, HSBC, HSBC, […]
Displayed on a smartphone screen is the Klarna logo Jakub Porzycki | NurPhoto | Getty Images LONDON — Buy now, pay later services aren’t just popular among consumers. The services have been a big hit among criminals. Fraudulent activity has been on the rise among some of the biggest buy now, and pay later (BNPL), […]
The sign can be seen in Washington, D.C., at the United States Department of Justice Headquarters on August 29, 2020. Reuters| Reuters U.S. Justice Department is selling $56 million of cryptocurrency that it took as part of an extensive Ponzi scheme investigation against a man who promotedBitConnect is an offshore cryptocurrency lending program authorities said […]
Mark Zuckerberg is the Chairman and CEO of Facebook. He testified at an hearing held by House Financial Services Committee, Washington, on October 23rd 2019. Erin Scott | Reuters Meta was formerly called FacebookInvestors have brought new charges against the company for false statements it made about the damage its products could cause. Ohio Attorney […]
According to law enforcement officials, criminals use bitcoin ATMs all over the country for money laundering and drug trafficking. These machines are usually located in convenience shops and private businesses. They allow customers to buy easily. bitcoinCash, and any other cryptocurrencies. These funds will then be sent to the customer’s cryptocurrency wallet. This convenience comes […]
Mark Zuckerberg, Facebook CEO and Chairman, appears before the House Financial Services Committee for “An Examination Of Facebook and Its Impact On the Financial Services Sectors”. The testimony will be made in front of the Rayburn House Office Building, Washington, DC, on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook founder Mark […]
Sundar Pichai (Google) testifies in a hearing before Congress, on March 25, 2021. CNBC GoogleAfter a similar move, Apple announced Thursday that they will lower the service fees for its App Store. AppleAs both companies have to comply with regulators and legislators, they will need to make their stores mobile-friendly for developers. Google released a […]
AmazonOn Tuesday released new dataDespite increasing scrutiny by lawmakers about its private-label business practices, it celebrates the success of sellers in its third-party marketplace. The third-party marketplace was launched by Amazon in 2000. It allows anyone, from start-ups to large corporations to list their products on Amazon. The marketplace now represents approximately 60% of Amazon’s […]
Rafael Henrique | LightRocket | Getty Images According to the Securities and Exchange Commission, online brokerages are attempting to boost revenue by using controversial industry practices like payment for order flow. This is to promote activity among retail investors. Wall Street’s main regulator on Monday released its highly anticipated report on the GameStopThis was the beginning […]